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27 - Conservation Recycling DivisionCONSERVATION/RECYCLING DIVISION This division coordinates the City's conservation and recycling projects. Current projects include curbside recycling, brush pickup, Mighty Tidy Day, and leaf drop off. Curbside recycling is handled by a private contractor under a contract. These recycling services are provided for approximately 6,934 households in the City. Curbside recycling is handled by a private contractor. This contract ends December 31, 2021. The City added a curbside organics program that started in January, 2022. REVENUES User fees are charged on the city utility bill for all residential customers that receive curbside recycling and organics pickup service. EXPENSES A transfer of $75,000 is made to the General Fund to offset the personal costs related to the administration of the program. CITY OF GOLDEN VALLEY CONSERVATION / RECYCLING FUND REVENUE DETAIL Actual 2020 Actual 2021 Adopted 2022 Estimated 2022 Concept 2023 ADOPTED 2023 Concept 2024 Percent Percent Percent Percent Percent Percent Percent Revenue Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total County Grant 36,911 7.2% 39,888 7.3 % 35,000 3.5% 35,000 3.5 % 35,000 3.4% 35,000 3.1 % 35,000 2.9 % Recycling Charges (1) 439,160 85.9% 500,605 91.4% 942,745 94.2% 511,335 51.1% 970,760 94.4% 541,050 47.5% 571,100 47.6% Organic Charges -1 0 0 0 0.0% 431,410 43.1 % 0.0% 541,050 47.5% 571,100 47.6 % Mighty Tidy Day charges 14,194 2.8% 13,062 2.4% 13,000 1.3% 13,000 1.3% 13,000 1.3% 13,000 1.1% 13,000 1.1% Interest Earnings 21,228 4.2% (5,709) -1.0% 10,000 1.0% 10,000 1.0% 10,000 1.0% 10,000 0.9% 10,000 0.8% TOTALS $511,493 100.0% $547,846 100.0% $1,000,745 100.0% $1,000,745 100.0% $1,028,760 100.0% $1,140,100 100.0% $1,200,200 100.0% DIVISION: Recycling (081) OBJECT DESCRIPTION Supplies and Services 6320 Operating Supplies 6340 Professional Services 6342 Postage 6352 General Notices & Information 6440 Contractual Services TOTAL Supplies and Services Transfers 7220 Overhead Transfer -General Fund TOTAL Transfers TOTALS CITY OF GOLDEN VALLEY 2023 - 2024 OPERATING BUDGET PROGRAM: Recycling (7001) 2020 2021 2022 2022 2023 2023 2024 ACTUAL ACTUAL ADOPTED ESTIMATED CONCEPT ADOPTED CONCEPT $0 $335 $10,500 $10,500 $11,500 $11,500 $11,500 409,413 412,166 985,480 986,480 1,011,400 1,013,700 1,043,800 - 479 7,500 7,500 7,500 7,500 7,500 1,158 4,447 7,560 7,560 7,560 7,560 7,560 42,747 57,895 62,595 62,595 64,470 64,470 64,470 453,318 475,322 1,073,635 1,074,635 1,102,430 1,104,730 1,134,830 51,500 51,500 75,000 75,000 75,000 75,000 75,000 51,500 51,500 75,000 75,000 75,000 75,000 75,000 $504,818 $526,822 $1,148,635 $1,149,635 $1,177,430 $1,179,730 $1,209,830 CITY OF GOLDEN VALLEY CONSERVATION / RECYCLING FUND Net Position * Net Assets @ 01 /01 /22 Estimated Revenue - 2022 Estimated Expenses - 2022 Excess of Revenue Over (Under) Expenses Estimated Net Position @ 12/31/22 Adopted Revenue - 2023 Adopted Expenses - 2023 Excess of Revenue Over (Under) Expenses Projected Net Position @ 12/31/23 Concept Revenue - 2024 Concept Expenses - 2024 Excess of Revenue Over (Under) Expenses Projected Net Position @ 12/31/24 $1,000,745 1,149,635 1,140,100 1,179, 730 1,200,200 1,209,830 $1,269,890 (148,890) $1,121,000 (39,630) $1,081,370 (9,630) $1,071,740